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KLA (KLAC) 3-Year Dividend Growth Rate

: 16.40% (As of Dec. 2023)
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KLA's Dividends per Share for the three months ended in Dec. 2023 was $1.45.

The historical rank and industry rank for KLA's 3-Year Dividend Growth Rate or its related term are showing as below:

KLAC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 5.9   Med: 12.8   Max: 71
Current: 16.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of KLA was 71.00% per year. The lowest was 5.90% per year. And the median was 12.80% per year.

KLAC's 3-Year Dividend Growth Rate is ranked worse than
54.01% of 337 companies
in the Semiconductors industry
Industry Median: 18.6 vs KLAC: 16.40

During the past 12 months, KLA's average Dividends Per Share Growth Rate was 13.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

KLA's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24. As of today, KLA's Dividend Yield % is 0.84%.

Warning Sign:

KLA Corp stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, KLA's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KLA 3-Year Dividend Growth Rate Distribution

For the Semiconductors industry and Technology sector, KLA's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where KLA's 3-Year Dividend Growth Rate falls into.



KLA 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


KLA  (NAS:KLAC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

KLA's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.45/ 6.16
=0.24

During the past 13 years, the highest Dividend Payout Ratio of KLA was 0.69. The lowest was 0.19. And the median was 0.38.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

KLA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4502024-02-152024-02-192024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.4502023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-08-142023-08-152023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-05-122023-05-152023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

KLA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.5/643.84
=0.85 %

Current Share Price is $643.84.
KLA's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.5.

During the past 13 years, the highest Dividend Yield of KLA was 4.21%. The lowest was 0.75%. And the median was 2.17%.

Warning Sign:

KLA Corp stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KLA 3-Year Dividend Growth Rate Related Terms>


KLA (KLAC) Business Description

Industry
Address
One Technology Drive, Milpitas, CA, USA, 95035
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Executives
Bren D. Higgins officer: EVP & Chief Financial Officer ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Mary Beth Wilkinson officer: EVP, CLO and Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Victor Peng director MIPS TECHNOLOGIES INC, 1225 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Kevin Kennedy director
Marie Myers director 3000 HANOVER STREET, PALO ALTO CA 94304
Gary B Moore director 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Emiko Higashi director C/O GILO VENTURES, 175 ALMENDRAL AVENUE, ATHERTON CA 94027
Michael R. Mcmullen director 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Oreste Donzella officer: Executive Vice President ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Ahmad A. Khan officer: President, Semi Proc. Control ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Virendra A Kirloskar officer: SVP & Chief Accounting Officer 160 RIO ROBLES, SAN JOSE CA 95134
Richard P Wallace officer: Executive Vice President KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
Brian Lorig officer: Executive Vice President ONE TECHNOLOGY DRIVE, MILPITAS X1 95035

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